Commercial foundations.
WHAT TO ESTABLISH
What your costs are What you will charge How and when you are paid
THE COSTS QUESTION
Include everything: materials, time, overheads, transport, the cost of things that go wrong.
Most new businesses underprice because they omit costs.
WHAT TO DECIDE
Payment terms Whether you take deposits What you do about late payment
THE DEPOSIT POINT
For any substantial work, a deposit before starting.
That is normal and protects you.
HOW TO GET PAID
Bank transfer Payment gateway, once set up Cash, with a receipt
WHAT TO ISSUE
An invoice for every sale.
Numbered, dated, with your registration details.
WHY
Records, professionalism, and it is frequently required.
WHAT TO CONFIRM
Funds received in your own account, before delivering.
Never on a screenshot.
WHAT TO REVIEW
Your prices, at least annually.
Our pricing articles cover this.
